Answer:
With perhaps one exception, structured settlement annuities SUCK!
Structured settlement annuities have a fixed rate of return for the life of the annuity and they remain at historically low levels (1-2%) for the lifetime of the annuity. Structured settlement annuities cannot be changed or sold to capitalize on increasing interest rates. You are nuts to place settlement money in a structured settlement annuity!
In my view, it is borderline legal malpractice to agree to a structured settlement annuity in light of today’s ridiculously low interest rates with one exception, i.e., brain damaged baby with a greatly reduced life expectancy.
So how can you invest settlement money in way that gives you flexibility to cash in when interest rates go up? A laddered bond portfolio consisting of government, municipal and treasury bonds and certificates of deposit with different maturity dates, i.e., one bond matures in one year, another in three years and others in five years. By staggering the maturity dates of the fixed income investments, the injury victim will not be locked into one bond for a long duration.
With a laddered bond portfolio, the injury victim has greater access to the funds for emergencies and the risk of a bond default can be spread among many bond issuers. Most importantly, an injury victim can take advantage of increasing interest rates with a laddered bond portfolio.
How can we help you become more awesome?
What if there was a book about law office systems, management and marketing that leaves no secrets behind?
A book that will give you systems for every aspect of your practice, so your law firm runs like a finely tuned sports car while you’re on vacation.
Yes, a book that Ben Glass, Esq., the nation’s leading marketing guru calls, “amazing”.
Now, for the first time ever, this book exists. The Power of a System: How to Build the Injury Law Practice of your Dreams is crammed full of 328 pages of cutting-edge, “you’ve never heard this before”, inside secrets about law office systems, management and practice and for only $26.99 it can be your’s (heck, we even rush the book to you by Federal Express for FREE if your order from our website, www.ultimateinjurylaw.com).
Now, go to the home page of www.ultimateinjurylaw.com and order your copy of The Power of a System. Let’s get started building the injury practice of your dreams NOW!
P.S.: And by the way, if you’re not absolutely thrilled with The Power of a System, just send it back to me. You’ll get your money back plus $25.00 just for reading my book (sounds crazy? Read the book!) No questions asked and no strings attached!
